Q4 25 EPS
$0.08
BEAT +145.90%
Est. $-0.17
Q4 25 Revenue
$1.04B
BEAT +17.79%
Est. $881.9M
vs S&P Since Q4 25
-6.8%
TRAILING MARKET
LBRT +1.4% vs S&P +8.2%
Full Year 2025 Results
FY 25 EPS
$0.89
FY 25 Revenue
$4.01B
Market Reaction
Did LBRT Beat Earnings? Q4 2025 Results
Liberty Energy delivered a decisive earnings beat in Q4 2025, posting EPS of $0.08 against a consensus estimate of -$0.17, a 148.16% positive surprise, as revenue climbed 6.3% year-over-year to $1.04 billion and cleared the $954.71 million estimate b… Read more Liberty Energy delivered a decisive earnings beat in Q4 2025, posting EPS of $0.08 against a consensus estimate of -$0.17, a 148.16% positive surprise, as revenue climbed 6.3% year-over-year to $1.04 billion and cleared the $954.71 million estimate by 8.80%. The standout driver wasn't the completions business, which faced meaningful pricing headwinds that dragged full-year net income down to $147.87 million from $316.01 million, but rather Liberty's accelerating pivot into distributed power infrastructure through its Liberty Power Innovations subsidiary, including a 1 GW development agreement with Vantage Data Centers anchored by a firm 400 MW reservation. The company raised its quarterly dividend 13% to $0.09 per share and has approximately $270 million remaining under its buyback authorization, even as some insiders trimmed positions near the stock's 52-week highs. Management is guiding for lower sequential revenue and Adjusted EBITDA in Q1 2026 due to pricing pressure and winter disruption, but sees completions demand holding firm and its 3 GW distributed power deployment target by 2029 as a structural growth catalyst.
Key Takeaways
- • Expanded simulfrac offering with strategic, dedicated customers driving meaningful efficiencies
- • digiTechnologies transition reducing maintenance costs by approximately 14%
- • Q4 completions activity defied normal seasonal declines, surpassing expectations
- • 10% sequential and year-over-year Q4 revenue growth
- • Full-year gains on investments of $162.6 million boosted GAAP net income
LBRT YoY Financials
Q4 2025 vs Q4 2024, source: SEC Filings
“Liberty's strong fourth quarter results capped a year marked by heightened oil market uncertainty and softer industry completions activity. Our team's focus on technological innovation and strong operational execution drove superior performance and a resilient CROCI of 13% during a volatile year.”
— Ron Gusek, Q4 2025 Earnings Press Release
LBRT Earnings Trends
LBRT vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
LBRT EPS Trend
Earnings per share: estimate vs actual
LBRT Revenue Trend
Quarterly revenue: estimate vs actual
LBRT Quarterly Results
5 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 26 BEAT | $-0.14 | $0.14 | +203.32% | $1.02B | +6.51% |
| Q4 25 BEAT FY | $-0.17 | $0.08 | +145.90% | $1.04B | +17.79% |
| FY Full Year | — | $0.89 | — | $4.01B | — |
| Q3 25 BEAT | $-0.06 | $0.26 | +506.25% | $947.4M | -1.92% |
| Q2 25 BEAT | $0.14 | $0.43 | +218.52% | $1.04B | +3.87% |
| Q1 25 BEAT | $0.03 | $0.12 | +301.34% | $977.5M | +3.06% |